Containers
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Euroseas gets approvals for EuroDry spin-off
Greek owner Euroseas has received the relevant approvals for its EuroDry spin-off, which will be listed on the NASDAQ Capital…
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Wuhan Newport Changhai orders feeder boxship pair at WUT Guangda
Wuhan Newport Changhai Container Shipping, a regional shipping service provider on the Yangtze River, has awarded a shipbuilding contract to…
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Marine Money container panel highlight the pros of consolidation
The outlook for container shipping is promising with an improving supply/demand scenario this year, speakers at Marine Money’s event in…
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India relaxes cabotage laws
India is finally relenting to calls from global containerlines, and will ease its cabotage rules. The government has decreed that…
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MPC Container Ships adds three more feeder boxships
Germany’s MPC Container Ships has taken its feeder boxship fleet to 68 vessels with the acquisition of three vessels. The…
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European rival to Flexport emerges
Adnavem, a Swedish tech start-up, today revealed that its first pilot customer imported containers from Asia to Europe and on…
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Diana Containerships offloads another post-panamax boxship
Having announced the sale of 2009-built Hamburg for $21m last week, Greek owner Diana Containerships has sold other post-panamax containership,…
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Tim Nolan named as new president and CEO of Tote Maritime
Seattle-based transportation conglomerate Saltchuk has named Tim Nolan as the next president and CEO of its subsidiaries Tote Maritime and…
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Container Ponzi scheme becomes one of Germany’s largest investment scandals
In Munich a fallen container leasing firm is unravelling to become one of Germany’s largest investment scandals in recent years.…
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Burnt Maersk Honam due to dock at Jebel Ali on Tuesday
Maersk Line’s partner on the main east-west trades, MSC, has revealed that the burnt will finally berth at the port…
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Diana Containerships offloads post-panamax boxship for $21m
Greek owner Diana Containerships has sold 2009-built post-panamax containership for $21m. The vessel, which has been on charter to Taiwan’s…
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Skou lashes Maersk Line for underperforming the market
Søren Skou, CEO of A.P. Moller – Maersk, has once again lashed his shipping division, the world’s largest containerline, for…
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Pressure builds with 900,000 teu of newbuilds still to deliver this year
Analysts at Alphaliner are warning the deluge of new boxship capacity still to hit the water this year could harm…
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Oracle looks at shipping’s blockchain quest with HMM collaboration
South Korea’s Hyundai Merchant Marine (HMM) has started working with California-based software company Oracle in order to move its data…
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Weekly Broker: S&P cools off
In line with a sudden cooling of freight rates the past week was not so busy for bulker sales and…
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Navios Maritime Containers plans US listing
Angeiki Frangou’s Navios Maritime Containers has submitted a confidential draft registration statement to the US Securities and Exchange Commission proposing…
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Indonesia’s president hails new direct call to the US
Indonesia’s president was on hand at Jakarta port yesterday for a momentous day for the transpacific trades. Joko Widodo bade…
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Increasing demand and rising costs drive newbuilding price hikes
Better earnings will power a recovery in newbuilding activity, while rising yards costs and the ongoing squeeze on capacity are…
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Blockshipping: The real-time container registry
Yesterday saw Copenhagen-based Blockshipping, the creator of the Global Container Shipping Platform (GCSP), debut its public token sale with initial…
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Tote Maritime Alaska pushes back deadlines for LNG conversion of vessels
Shipping line Tote Maritime Alaska has altered its liquefied natural gas (LNG) conversion schedule, including delaying by another year the…
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